Current Rent $98,800 + GST + Outgoings
8 % ROI
Securely Leased to 2026 with Renewals to 2036
The property comprises a Cocktail Bar, Bistro, Main Dining Room (seating 150 pax), several outdoor Dining Areas including an extensive landscaped Arbour function area & 14 Car Parks.
The Capricornian (awarded Restaurant of the Year Nth Qld 2011) has long been a go-to destination for special occasion dining as well as corporate and premium private functions.
More importantly its strategic positioning amongst a group of Motels without restaurants of their own creates a unique nexus, further securing an ongoing patronage on a daily basis. A Pedestrian Walk through and a Direct Dial Room Service facility consolidates the convenient relationship with the adjacent guests.
The Capricornian is located in the Central Highlands Region of Qld in the township of Emerald - driven by agriculture and resources it is a prosperous micro-economic 'bubble' with a long standing robust commercial profile which continues to thrive, well removed from the issues impacting the more densely populated urban areas.
The Capricornian - an Iconic Central Qld Hospitality Venue
Contact Clinton Adams for full details.
Disclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this advertisement.
The size of Emerald is approximately 844.9 square kilometres. It has 32 parks covering nearly 12.5% of total area. The population of Emerald in 2016 was 14356 people. By 2021 the population was 14904 showing a population growth of 3.8% in the area during that time. The predominant age group in Emerald is 0-9 years. Households in Emerald are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Emerald work in a trades occupation.In 2021, 53.40% of the homes in Emerald were owner-occupied compared with 52.20% in 2016.
Emerald has 7,751 properties. Over the last 5 years, Houses in Emerald have seen a 94.32% increase in median value, while Units have seen a 81.54% increase. As at 30 April 2026:
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